The effects of global competition have been highly disadvantageous for consumers around the world

Indicate whether the statement is true or false

FALSE

Business

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Cosmetics firm SatinSilk is revamping its mission statement and advertising strategy. The planning team comes up with a list of options for the new mission statement. The CEO stresses that the new mission statement should be market-oriented rather than product-oriented. Which of the following mission statements should the company pick?

A) to create the best possible products and sell them at the best possible prices B) to sell hypoallergenic cosmetics products made only from the finest organic ingredients C) to give customers the complexion they dream about by providing products suited to their needs D) to become a market leader in every cosmetics product category E) to increase our market share in the cosmetics segment and increase profit margins

Business

Services account for nearly ________ percent of global trade

A) 10 B) 33 C) 20 D) 67 E) 90

Business